Stablecoin Giant Tether Invests in International Payment Provider Company! What Does This Mean? Here are the Details

Cross-border payment provider MANSA, under the leadership of USDT stablecoin issuer Tether, provided a $10 million fund. The investment is expected to accelerate MANSA's global expansion and strengthen on-chain liquidity solutions.

Tether Leads $10 Million Financing Round for Cross-Border Payment Firm MANSA

According to the company's press release, Tether led the $3 million seed round jointly conducted by MANSA and Polymorphic Capital.

Among the additional investors were Octerra Capital, Faculty Group, and Trive Digital. MANSA also secured a $7 million liquidity fund from other institutional investors.

Using USDT for Cross-Border Payments

MANSA uses USDT stablecoin to increase liquidity for international payments aiming to make transactions faster and more accessible for businesses worldwide.

Tether CEO Paolo Ardoino said, “MANSA's vision to address liquidity challenges in cross-border payments is in line with our mission to build a more efficient and inclusive financial system.”

MANSA, which benefits from USDT for real-time payments and instant payments, solves critical pain points for payment companies operating in emerging markets.

With the newly raised capital, MANSA plans to expand to Latin America and Southeast Asia, where liquidity problems often hinder cross-border transactions.

Since MANSA started operating in August 2024, it has focused on partnerships with payment providers in Africa, Asia, and South America. According to Dune Analytics, the company has conducted approximately 31 million dollars in transaction volume to date.

This round of financing underscores the increasing role of stablecoins in global finance as companies like MANSA leverage blockchain technology to enhance cross-border transactions and financial accessibility.